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Paramount Posts $49M Streaming Profit Amid Gain of 3.5M Subs, Film Unit Swings Back to Black

The Hollywood Reporter
Story by Georg Szalai
from The Hollywood Reporter
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Paramount reports streaming profits, adds 3.5M subscribers, and swings film unit back to black amid Skydance merger talks.
beat sheet
  • Paramount+ added 3.5 million subscribers in Q3, bringing its total to around 72 million, solidifying its position as the 4th largest global SVOD service.
  • Paramount's streaming unit delivered $49 million in adjusted operating income, a turnaround from a $238 million loss a year ago, as it focuses on reaching sustained profitability by 2025.
call sheet
Shari Redstone, Paramount Global, Paramount+, Skydance Media, National Amusements, Tulsa King, Mayor of Kingstown, A Quiet Place: Day One, IF, Transformers One
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